EnergyWire headlines —

SPOTLIGHT

1. NATURAL GAS:

Chesapeake turns into buyout target as top investor 'cracks the whip'

Chesapeake Energy Corp.'s top shareholder is urging CEO Aubrey McClendon and the board of directors to cut the gas producer down to size by curtailing ambitious spending plans and to consider selling the company outright if the price is right. Southeastern Asset Management, which owns 13.6 percent of Chesapeake, sent a letter to McClendon and the board yesterday that said shareholders are all ears if a large investor offers to pay a substantial premium for the second-biggest U.S. gas producer.

THIS MORNING'S STORIES

Advertisement

E&E Interactive

E&E's Power Plan Hub

E&E eBooks

Turning Carolina Red

Compiled Coverage by Issue

Drought
Oregon Standoff
Nuclear Crisis
Paris Climate Talks
Global Climate Debate

E&E Special Reports

Deep Underground
People To Watch 2016
Greater Expectations: The New Geopolitics of Climate Change
Energy Scions
Sports at Risk

E&E Services

Learn More About E&E
Start a Trial
Receive Email Alerts
Staff Directory
Employment Opportunities
Announcements

Advertisement

Latest Selected Headlines

More headlines&nbspMore headlines

More headlines&nbspMore headlines

More headlines&nbspMore headlines

More headlines&nbspMore headlines

Latest E&ETV Videos